Our Projects

Properties in FDIC Receivership

After the failure of Silver Falls Bank, Ten Bridges was able to negotiate the purchase of the remaining debt on a number of properties that the FDIC held in receivership.

Properties in FDIC Receivership

Portland, OR

After the failure of Silver Falls Bank, Ten Bridges was able to negotiate the purchase of the remaining debt on a number of properties that the FDIC held in receivership.

PALO CEDRO, CA – UNTANGLING A KNOT OF MULTIPLE OWNERS

Palo Cedro, CA

Ten Bridges helped negotiate a solution which stabilized the property, the internal business relationships, and most importantly paid off the maturing loans.

PALO CEDRO, CA – UNTANGLING A KNOT OF MULTIPLE OWNERS

Palo Cedro, CA

Ten Bridges helped negotiate a solution which stabilized the property, the internal business relationships, and most importantly paid off the maturing loans.

THE VILLAGE AT YACHATS

Yachats, OR

Yachats, Oregon: “Gem of the Oregon Coast” where Ten Bridges is the principal on purchase, design, entitlement, and development of coastal mixed-use village consisting of 51 small (600 SF) sustainable homes and 15,000 SF of retail.

THE VILLAGE AT YACHATS

Yachats, OR

Yachats, Oregon: “Gem of the Oregon Coast” where Ten Bridges is the principal on purchase, design, entitlement, and development of coastal mixed-use village consisting of 51 small (600 SF) sustainable homes and 15,000 SF of retail.

Marianna Condominiums

Portland, OR

The style and size of the units made this 1918 downtown apartment building an ideal opportunity for a condo conversion.

Marianna Condominiums

Portland, OR

The style and size of the units made this 1918 downtown apartment building an ideal opportunity for a condo conversion.

THE VERMONT HOUSE

Portland, OR

This Portland landmark was spared demolition. It was transported from its original location and masterfully restored true to the original Queen Anne Victorian Style of the house.

THE VERMONT HOUSE

Portland, OR

This Portland landmark was spared demolition. It was transported from its original location and masterfully restored true to the original Queen Anne Victorian Style of the house.

COLONIAL OFFICE CAMPUS

EAST BURNSIDE

In 2011, Ten Bridges entered into an option agreement to purchase a triplex on 4 separate tax lots.

EAST BURNSIDE

Portland, OR

In 2011, Ten Bridges entered into an option agreement to purchase a triplex on 4 separate tax lots.

MILWAUKIE AVE

Portland, OR

In 2013, Ten Bridges purchased a 15,000 SF commercial parcel together with a single family home.

MILWAUKIE AVE

Portland, OR

In 2013, Ten Bridges purchased a 15,000 SF commercial parcel together with a single family home.

SUMthing-New Condominiums

Portland, OR

Sustainability, exceptional design, and finishes brought this brand new condo project praise from architects, media and city officials. The project headlined the 11XDesign architectural tour of Portland homes. All units sold out in 2009.

SUMthing-New Condominiums

Portland, OR

Sustainability, exceptional design, and finishes brought this brand new condo project praise from architects, media and city officials. The project headlined the 11XDesign architectural tour of Portland homes. All units sold out in 2009.

BELMONT APARTMENTS

Portland, OR

Ten Bridges reclaimed one of Portland’s urban core vacant lots. Along with the partners at SUM Design Studios, the company made smart and efficient use of this small and awkward lot by planning to develop fifteen apartments with ground floor retail that will improve the area, be a prototype for efficient city living and meet a demand for smaller, less expensive housing.

BELMONT APARTMENTS

Portland, OR

Ten Bridges reclaimed one of Portland’s urban core vacant lots. Along with the partners at SUM Design Studios, the company made smart and efficient use of this small and awkward lot by planning to develop fifteen apartments with ground floor retail that will improve the area, be a prototype for efficient city living and meet a demand for smaller, less expensive housing.

Couch House “Nob Hill, Couch Addition”

Portland, OR

Once a single family home, the vacant property had recently been used by a church as both a school and quarters for its priest. Seeing its true, hidden potential, Ten Bridges acquired the property and reinvented it as an apartment building.

Couch House “Nob Hill, Couch Addition”

Portland, OR

Once a single family home, the vacant property had recently been used by a church as both a school and quarters for its priest. Seeing its true, hidden potential, Ten Bridges acquired the property and reinvented it as an apartment building.

Broadway Project “Portland State University”

Portland, OR

Ten Bridges saw a unique opportunity for redistricting several pieces of adjacent land in its portfolio.

Broadway Project “Portland State University”

Portland, OR

Ten Bridges saw a unique opportunity for redistricting several pieces of adjacent land in its portfolio.

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Properties in FDIC Receivership

Portland, OR

After the failure of Silver Falls Bank, Ten Bridges was able to negotiate the purchase of the remaining debt on a number of properties that the FDIC held in receivership. Demian Heald was the first individual in the United States to enlist the FDIC Department of the Ombudsman to assist with this type of negotiation.

PALO CEDRO, CA – UNTANGLING A KNOT OF MULTIPLE OWNERS

Palo Cedro, CA

A thirty-year-old neglected partnership owned this under-performing shopping center. The managing partner owed the business that ran the mini-mart and gas station portion. However, the physical facility itself and the remainder of the shopping center was owned by the partnership, which had seen no income for decades. Ten Bridges was entrusted to untangle the old partnership structure. Multiple owners were involved, each with a separate LLC. The loans had matured, the income was insufficient, the partners disagreed, nobody wanted to guarantee a new loan or contribute more equity. The tax and legal consequences were substantial. The condition of the property also exposed the owners to additional liability. Ten Bridges helped negotiate a solution which stabilized the property, the internal business relationships, and most importantly paid off the maturing loans.

THE VILLAGE AT YACHATS

Yachats, OR

Yachats, Oregon: “Gem of the Oregon Coast” where Ten Bridges is the principal on purchase, design, entitlement, and development of coastal mixed-use village consisting of 51 small (600 SF) sustainable homes and 15,000 SF of retail. This Planned Unit Development included assembling a four-acre commercial ocean view parcel in downtown Yachats and dividing it into individual residential tax lots plus retail. After a year of working with the Oregon Department of Transportation, the planning commission, architects, engineers, the city council and the mayor, the project was approved and embraced by the community. Renewed designs are in the works so a phased approach can be applied to accommodate a revised mixed-use, live-work artisans’ village. Ten Bridges anticipates receiving LEED for Neighborhood status. The first home was built almost entirely out of reclaimed lumber from Eugene, OR. All of the natural springs and stormwater are being incorporated into landscape features and bio-retention ponds.

Marianna Condominiums

Portland, OR

The style and size of the units made this 1918 downtown apartment building an ideal opportunity for a condo conversion. Ten Bridges, along with OV River Group partners, immediately sold out all of the units in spite of a plummeting real estate market.

THE VERMONT HOUSE

Portland, OR

This Portland landmark was spared demolition. It was transported from its original location and masterfully restored true to the original Queen Anne Victorian Style of the house. As initiated by Ten Bridges, it is currently being submitted for the National Registry of Historic Homes.

COLONIAL OFFICE CAMPUS

Portland, OR

In 2012, Ten Bridges acquired five office buildings totaling 75,000 SF from Providence Medical Center. It was a complex transaction involving a Charitable Remainder Trust, the Providence Board, multiple lenders, and parcels coupled with a simultaneous closing. Within the first year, occupancy in the three-acre campus was increased by 21%, net profits were doubled and a successful tax appeal reduced yearly property taxes by nearly 50%. Today, Ten Bridges currently holds and manages these properties in its real estate portfolio.

EAST BURNSIDE

Portland, OR

In 2011, Ten Bridges entered into an option agreement to purchase a triplex on 4 separate tax lots. The option agreement was used to alleviate tax consequences that the seller would have suffered from a traditional sale. In 2013, Ten Bridges renovated the triplex, exercised its option agreement and sold the entire 23,000 sf multifamily parcel to a local builder.

MILWAUKIE AVE

Portland, OR

In 2013, Ten Bridges purchased a 15,000 SF commercial parcel together with a single family home. Using extensive research and a lot of confirmation process with the City of Portland, Ten Bridges was able to resurrect an abandoned property line. This allowed for the formation of two separate parcels. The traditional lengthy and problematic lot division process was averted, the value was increased and the financing and marketing possibilities were multiplied.

SUMthing-New Condominiums

Portland, OR

This condo project offers high-end and high-density living in an established, well-loved neighborhood in inner Southeast Portland. The three-condo building blends in well with the surrounding single-family homes. Bioswales and gardens receive stormwater runoff, while large windows allow light to pour through the spaces. Each 1,500 square foot unit has a south facing deck, allowing residents to extend their living space to a quiet refuge away from the street. Demian Heald along with Eric Hoffman and Matt Loosemore at SUM Design Studios co-developed this project. This included designing the project, finalizing a loan package, selecting a contractor and selling the units.

BELMONT APARTMENTS

Portland, OR

The Belmont Apartments reclaim an urban in-fill site in this vibrant Southeast Portland district and create a new mixed-use opportunity for the area. Belmont is a street of particular interest because, despite its proximity to downtown, it still holds underdeveloped properties and other lots that are similar in nature to the subject site. This project encourages connectivity between upper and lower Belmont and helps fill the void that currently exists.Through high-quality design, the implementation of energy-saving features, small units and LEED certification, we will be able to produce a specialty boutique style of multifamily mixed-use development that will exemplify city living and demonstrate the demand for this kind of product.

Couch House “Nob Hill, Couch Addition”

Portland, OR

Once a single family home, the vacant property had recently been used by a church as both a school and quarters for its priest. Seeing its true, hidden potential, Ten Bridges acquired the property and reinvented it as an apartment building. When we resold it, the building sold one hour after being listed. As initiated by Ten Bridges, this building is currently being submitted to the National Registry of Historic Homes.

Broadway Project “Portland State University”

Portland, OR

Ten Bridges saw a unique opportunity for redistricting several pieces of adjacent land in its portfolio. By petitioning to include them in the Urban Renewal Expansion Area, the properties could be re-imagined as 200 unit apartment/student housing facility adjacent to Portland State University, and qualify for special loans. It is currently under evaluation by the Mayor and other local officials.